Archive for February, 2010
Bulgaria Property Upturn Predicted in 2010
www.property-abroad.com; News Posted On: 28 January 2010; excerpt
Analysts within the Bulgarian property market are suggesting that Bulgaria property could be strong going into 2010, depending on how the banks read and respond to the early signs of real estate rebound…
According to analysts selling Bulgarian properties in the UK, 2010, is to be a good year for Bulgarian property in terms of rising foreign demand as well…
The grand project Super Perelik
Perelik, Super Borovets and Bansko – Time will tell which one will be better considered, more attractive to tourists which will be the most profitable … We all know what offers Bansko – the type and number of trails of various difficulties, the large choice of hotels … We all want to see what will happen to the Super Borovets project – a ski area in Bulgaria, with many traditions in the winter ski tourism, hoping to become all-season tourist destination … And now to speak about the project Perelik and the area around the winter resort Pamporovo which is located in one of the most picturesque places in Bulgaria.
The grand project “Perelik“ which can be compared only with the “Super Borovets” project received a “green light” by the municipal council in Smolyan. The main purpose of the grant project, called “Super Perelik” is to connect Perelik peak in Pamporovo with the Mechi Chal peak near Chepelare. The realization of the project will transform the Rhodopi Mountain into leading tourism centre. The project itself envisages the construction of a modern winter resort which will extend area of 130 square kilometers, with a system of facilities for winter sports and summer tourism. The resort will include 50 ski slopes with an area of over 200 km, equipment for artificial snow, 24 lift services, hotel facilities with nearly 20 000 beds and covered parking with approximately 8 000 parking places. At a later stage will be built congress center and golf course. Because of the project “Super Perelik” the government was committed to construct an airport near Smolyan as well as a 100-kilometer-way road to Plovdiv.
The investment plan is financed by Bulgarian and international banks and the capital expenditure is expected to reach over 250 million EUR as the revenue and the profit may reach 300 million BGN per year.
All lovers of winter pleasures will have to wait to try out new trails and facilities, but those looking for properties with great potential should start thinking about the great opportunities offered by such a project.
Here are some of the hottest offers in the area:
Royal Lodge – The newest jewel in Pamporovo!
Five-star complex in the hear of the charming ski resort Pamporovo.
Prices start from 500 Euro/ sq.m
A new development situated in the center of Pamporovo ski resort.
The prices vary between 600 and 750 Euro/ sq.m